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INVESTMENTS - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period     $ (192)  
(Addition to) release of allowance for credit losses $ (2) $ (12) (33) $ 4
Balance, end of period (225)   (225)  
Balance, beginning of period     (7)  
(Addition to) release of allowance for credit losses 0 0 1 0
Balance, end of period (5)   (5)  
Balance, beginning of period     0  
Balance, end of period 0   0  
Transitional real estate loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (65) (52) (54) (68)
(Addition to) release of allowance for credit losses (11) (1) (22) 15
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 0 0 0 0
Balance, end of period (76) (53) (76) (53)
Commercial mortgage loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (9) (8) (9) (10)
(Addition to) release of allowance for credit losses 0 0 0 2
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 0 0 0 0
Balance, end of period (9) (8) (9) (8)
Middle market loans        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (149) (98) (129) (96)
(Addition to) release of allowance for credit losses 9 (16) (11) (18)
Write-offs, net of recoveries 0 5 0 5
Change in foreign exchange 0 0 0 0
Balance, end of period (140) (109) (140) (109)
Held-to-maturity securities        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (6) (8) (7) (8)
(Addition to) release of allowance for credit losses 0 0 1 0
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 1 1 1 1
Balance, end of period (5) (7) (5) (7)
Available-for-sale securities        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period 0 0 0 0
(Addition to) release of allowance for credit losses 0 0 0 0
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 0 0 0 0
Balance, end of period 0 0 0 0
Reinsurance recoverables        
Allowance for Loan Losses by Portfolio Segment [Roll Forward]        
Balance, beginning of period (11) (9) (8) (13)
(Addition to) release of allowance for credit losses) 0 0 (2) 2
Write-offs, net of recoveries 0 0 0 0
Change in foreign exchange 1 1 0 3
Balance, end of period $ (10) $ (8) $ (10) $ (8)